Monday, September 10, 2012

Administration Misses Sequestration Impact Report Deadline

As we reported here on August 13th, the President signed into law the Sequestration Transparency Act of 2012 which required the Executive Branch to provide a report to Congress by September 6th that details the programs, projects, and activities that will be impacted by $110 billion in cuts should there be no agreement on a budget.

September 6th has come and gone and there is no report yet.

Last Friday, the Administration, in its daily briefing, stated that the report would be issued this week. However, that date is not so certain based on this Washington Post editorial.

Companies that have legitimate concerns over how sequestration, if it comes to that, will impact them, will have to continue to wait.

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